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Tell me more about MBA after ACCA or CA
Hi, I am in professional levels of ACCA (self study). I think I will complete my remaining papers in this december sitings. Since I am not thinking of moving abroad, what will be the best option for me between the msc degree provided by Universal College London (UCL) or some MBA degree here in Nepal. What is the academic value of that Msc in Applied accounting provided by UCL in Nepal and in other countries.
In summary, what is best option for ACCA affiliate for further studies? Some of the options I have shortlisted for consideration are: Msc(applied Accounting), Bsc.Hons, MA.Economics, MBS (TU), MBA (Nepal).
P.s- I have already completed BBS from Shankardev Campus with 55% + percentage in 2013. -
3 Replies
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A CA and MBA combination is really great. I am also thinking of doing either CFA or ACCA after completing my MBA from Kathmandu University. Pursuing a full-time MBA programme from a reputed institute/university widens your placement and career prospects. But you should choose the institute wisely since MBA is a highly professional and engaging course so where you studied for MBA matters a lot. You can confidently move across verticals. You will have an distinct edge over others after completing MBA.
An MBA qualification from reputed institute will definitely help you in making a fast track career growth and as well as personality development. Besides being a good learning experience, the course enriches your personality and communication skills.
In MBA Finance you can choose subjects that interest you and which are not covered in CFA or ACCA/CA. I have done a small research on syllabus of CFA and found that there are subjects that are different than MBA finance. So you can choose those non repeating subjects and broaden your knowledge and skills in many different dimensions. To extend your domain range, you can choose verticals such as banking and insurance or even marketing.
Pursuing an MBA program is surely worth the effort I guess. Goodluck for your future.
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CA or ACCA + MBA is an awesome combination if you can achieve both. Either you do MBA after ACCA or ACCA after MBA both will be a great addition to your professional life. However, doing MBA after ACCA will be more fruitful because MBA is related to administration and judgement plus application of knowledge to make decision so doing ACCA beforehand will make your base solid and give you a lot of technical knowledge to help you in the MBA and prepare you to grab the managerial skills. So since you are doing ACCA so I would strongly recommend you to join any MBA college (TU or KU if you could) ACCA plus MBA will also be so attractive in the CV and will make you standout from the cloud of ACCAs and MBAs if you grab both. But there is a noticeable amount of effort required to complete either of the degrees/programs. Also there is another global course which is becoming more and more popular these days; Chartered financial Analyst (CFA). you can also think of combining your ACCA degree with CFA. However, though doable, CFA is so tough to complete.
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f you pass all exams in one attempt, then you on average, you will be 22 years old (20-21 years if you have jumped classes or joined school earlier than 3 years) And add 6 months for every additional attempt that you have given.
So basically you are above 22, and in most of the societies (there may be exceptions), people expect you to earn your living. Do whatever planning you do at earlier stages, when you come to this age group of 23-26, your life takes a steep turn and further education goes to hell! So, full time MBA at this point of time is not possible to due peer pressure.
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